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have heard a lot of people say over the course of the campaign people love medicare but an expert said today a lot of that is because for every dollar you put in most members get $3 back and that is unsustainable. when you start talking about entitlement reform, a lost groups and seniors get upset. >>shepard: there is a move problem, but don't mess with my math. where do the lawmakers stand? >>reporter: coburn told me, who you heard a moment ago, he could cut $600 billion out of the federal government and almost no one would notice. some democrats, they seem to think this could be some savings had at the pentagon. >> there isn't anyone left right or center who wants to compromise america's national defense but to believe that having ended one war in iraq and ending another in afghanistan and reassessing our role in the world we cannot find savings in the pentagon is not affair assessment. >>reporter: i have heard that from others, as well, after two wars, after the great expansion of our military over the two wars, there could be some savings to be had but at this point a lot of discus
something happening on the other side. you want to see the spending cuts take place. medicare is going up. my wife just got a note in the mail from the insurance provider, her health care is going up 15.1 percent after blue cross in california because they have a monopoly in california. we are told obamacare would lessen everything but it is going up for everyone. >>neil: but you would compromise on this if you got the spending cuts? >>guest: if you got the spending cuts, but you don't do anything until the hit the spending cuts, they owe my dollar $3 in spending cuts and george bush they owe him $2 spending cuts. i tell the republicans, if you buy into raising taxes first you will be like ronald reagan and george public, you will wait a lifetime. they will not happen. >>neil: will you be penalized in the next election? >>guest: absolutely. and you wonder where are the conservatives standing up? >>neil: why are so many more americans involved with stunning new developments that are related to this recovery. that is ahead. twins. i didn't see them coming. i have obligations. cute obligatio
on medicare? do you have the coverage you need? open enrollment ends friday, december 7th. so now's the time to get on a path that could be right for you... with unitedhealthcare medicare solutions and plans including aarp medicarecomplete, insured through unitedhealthcare. call today to enroll. these medicare advantage plans can combine parts a and b, your hospital and doctor coverage... with part d prescription drug coverage, and extra benefits... all in one complete plan... for a $0 monthly premium. no more than what you already pay for medicare part b. other benefits can include 100% coverage for an annual physical and immunizations, vision and hearing coverage -- and prescriptions as low as $2... at pharmacies and retail locations like these. ♪ don't wait. let's get you on the right path. call today to enroll in a plan from unitedhealthcare, like aarp medicarecomplete. >> announcer: meet jill. she thought she'd feel better after seeing her doctor. and she might have, if not for kari, the identity thief who stole jill's social security number to open credit cards, destroying jill's cre
reform from medicare. martha, i have to tell you. i got new numbers from medicare, from trustees, actually. medicare has to pay out in the future $42 trillion. that is money which it does not now have. so you can see that this is very serious issue. cuts in spending, cuts to medicare. who will make them? it is very serious because what that kind of money outstanding you need some kind of an agreement and fast. the bottom line right now, martha, it is again an impasse. martha: that's a huge number, stuart. it was about 38 trillion just less than a year ago i believe. >> yes. martha: so that number has really ballooned to 42 trillion as stuart shares with us in terms of those numbers. let's go back to the republican side for just a moment because i think there is a discrepancy in terms of the understanding what republicans seem to be agreeing to do. there is difference between raising tax rates which they have said they will not do. so i don't see any ground being ceded on the raising of tax rates for the wealthy but the changing of loopholes that would indeed, would that produce r
. this is the pursuit of perfection. i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i looked at my options. then i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call now and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it helps pick up some of what medicare doesn't pay. and could save you thousands in out-of-pocket costs. to me, relationships matter. i've been with my doctor for 12 years. now i know i'll be able to stick with him. [ male announcer ] with these types of plans, you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and you never need a referral to see a specialist. so don't wait. call now and request this free decision guide to help you better understand medicare... and which aarp medicare supplement plan might be best for
there will be big cuts to the pentagon but not likewise cuts to medicare and other big entitlement programs and they believe that is another part. on the tax issue the republicans are playing defense. if they don't act the white house is ready to blame this on them in terms of going off the cliff. after coming out of the election where the republicans nuclear a hit the white house hopes they will not want to take another big blow after the election so quickly. >>shepard: powerball sales are skyrocketing, upping the jackpot and the odds someone will win the big surprise tonight. it is at $550 million. that is a record for powerball. the odds are slim of swinging, 1 in 75 million but zero chance if you don't buy. people are dreaming. >> i felt my whole life i was supposed to be rip. >> pay the bills and house off. not have to work. ever again. >> i have 17 charities first. they come first. >> i want to buy a house. >> how will you spend it? >> take a day off. >> officials say this is a 75 percent chance now that someone or multiple somebodies will win tonight. rick is on long island, new york
that really meets your needs and your budget? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. and could save you in out-of-pocket medical costs. call today to request a free decision guide to help you better understand medicare and which aarp medicare supplement plan works best for you. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of plans to choose from, too. and they all travel with you. anywhere in the country. join the millions who have already enrolled in the only medicare supplement plans endorsed by aarp, an organization serving the needs of people 50 and over for generations... and provided by unitedhealthcare insurance company, which has over 30 years of experience behin
and medicare combined. but we are talking about illegal immigrants that are given food stamps and they are not entitled to medicaid or medicare or social security. it is a food stamp program and set up with whether mexico is pulling up their fair share. >> and john, you go to the web site. anybody can go to the web site. welcome to america web site this is it just a page from it government ben fets and welcome to america here are the benefits and here are the freebeies. and depending on your immigration status and length of time in the u.s., you may be eligible for federal benefit programs and it goes through a long lit any and it is long and a lot of money. >> it is unfortunate. immigrants are treasures the arrival of each one makes us more american because it signifies. >> if they are here to work. >> absolutely. it is it the last thing you want to do is offer them hand out to come here. that insures that you get a lower quality person coming here. we want to attract those who want to come here and achieve. >> steve, that is it the problem. i would say the overwhelming numbe
it for the country, but only if democrats are willing to make reforms on entitledment programs, medicare and medicaid and social security. that is big if. good morning, hope your turkey was great. martha: good morning, everybody, i'm martha maccallum. you've got this. congressman peter king and now senator bob corker say they will ignore the decades old pledge that was signed by 241 house members and senators. he says he believes it is a huge game-changer. >> when you're $16 trillion in debt the only pledge we should make to each other is to avoid becoming greece. republicans should put revenue on the table. we're this far in debt. we don't generate enough revenue. capping deductions will help generate revenue. raising tack rates will hurt job creation. bill: this is the heart of the matter. stuart varney, host of "varney & company". morning to you, sir? >> this is a real shift. one of the two sides had some movement in their position on the tax side of the debate. that side is the republican side. as you heard there from senator lindsey graham, other, and other republican, they are now prepared to a
is not raising taxes. what will make us greece is not fixing medicare, medicaid and social security. jon: white house press secretary jay carney says president obama will not give on extending current tax rates on wealthy americans. on entitlements carney says the president is open to changes except when it comes to social security. >> the president has long made clear that he is open to discussions about strengthening social security as part of a separate track. jon: so is the u.s. economy heading for a plunge over the fiscal cliff? with us now, associate editor and columnist for "the hill", a.b. stoddard. so what are the folks that you cover there on capitol hill, what are they saying about the prospects here? >> well, in the last 10 days it starts to sound more and more like democrats don't really have a problem with going over the slope or the cliff. they won't really admit that but it seems that they're not working so hard to stop it. you see the white house trying to tell americans that there is going to be such a steep tax increase on the middle class that it could affect consumer spendi
on the table we are not very serious. we know that medicare and social security are going to grow. >>neil: thank yous senator. normally, you know with every prominent guest i write them a thank you note and you just let me know, you don't like it, you don't --. >>guest: no, it is not that. i don't want you to take your time that you have to devote to and talking to grover norquist and all the other things. that is all. i do appreciate the opportunity of being on your show and i think you do a great job and you are a fund guy. >>neil: it is fun to cut out magazine letters circumstances. john mccain, senator, and former presidential candidate. thank you. go for the hikes, just keep your hands off entitlements, unions are sending that message to congress. is congress listening? republican senator rand paul says they better not listen to that. ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground s
security and medicare, make some defense cuts if you have to but we'd rather just see the rich get taxed and the near rich get taxed if we have to do that. >> the numbers do not add up, the left is being fundamentally dishonest. they are saying you don't have to cut social security or medicare or medicaid to get the deficit down, all you've got to do is tax the rich some more. they are recklessly suggesting that we go deeper and deeper and deeper into debt heading towards bankruptcy. the numbers, megyn are stunning. we have an unfunded liability for medicare of $42 trillion. an unfunded liability for social security of $20 trillion. and a further 20 trillion for unfunded pensions for federal employees, that adds up to $86 trillion which are committed to pay in the future and the money we do not have. therefore, you cannot just tax the rich to get rid of the deficit. you simply can't do that. the numbers don't add up. megyn: chris, what do you make of this, the president is now going to go out on what looks like sort of like a campaign stop on friday to pennsylvania. he already had this m
be right for you... with unitedhealthcare medicare solutions and plans including aarp medicarecomplete, insured through unitedhealthcare. call today to enroll. these medicare advantage plans can combine parts a and b, your hospital and doctor coverage... with part d prescription drug coverage, and extra benefits... all in one complete plan... for a $0 monthly premium. no more than what you already pay for medicare part b. other benefits can include 100% coverage for an annual physical and immunizations, vision and hearing coverage -- and prescriptions as low as $2... at pharmacies and retail locations like these. ♪ don't wait. let's get you on the right path. call today to enroll in a plan from unitedhealthcare, like aarp medicarecomplete. >> they have the baby. it is delivering babies. and it is hip replacementings. and that is for everybody yeah? >> i think it is it a terrific idea. for example the california state employee's union. they went to shop a hip replacement and they got $15000 to $150,000 they put a limit of $30,000 and all of the helps come back in and said yes,
in medicare that might set off gaps in coverage, senior citizens not getting health care coverage. there you go. they're saying to put everything on the table but when you get in the details that's why they haven't come to a deal because the devil will be in the details, jenna. jenna: maybe they start with a salute and end with a handshake. ed, great to see you report great to see you. jenna: thank you very much. jon: several republican lawmakers are toning down their criticism of u.n. ambassador susan rice and her handling of the deadly attack on the consulate in libya. ambassador rice was under fire for appearances on the television immediately after the attack where she blamed it on the youtube video. many vocal critics, like senator john mccain are turning up the heat on president obama and the state department. >> the problem is the president of the united states in a debate with mitt romney said that he had said it was a terrorist attack. he hadn't. jon: chief intelligence correspondent catherine herridge is live in washington. she has more on all of this. so this shift in focus to the
of year again. medicare open enrollment. time to compare plans and costs. you don't have to make changes. but it never hurts to see if you can find better coverage, save money, or both. and check out the preventive benefits you get after the health care law. ♪ open enrollment ends dember 7th. so now's the time. visit care.gov or call 1-800-medicare. >>neil: and guess what is topic one at the u.n. climate control? hurricane sandy, a storm they are still cleaning up and environmentalists hope they will be clean will up there, where some countries using the storm that dislocated thousands to now redistribute wealth to the tune of billions. all in the name of climate change. our reporter says that will cost a lot more that chump change. what is going on here? >>guest: well, this is like pavlov dogs, the activists think we need more taxes and regulations to stop bad weather. this is a primitive form of science. to use hurricane sandy as a poster child for global warming as the united nations and al gore is now doing, that makes as little sense as you can possibly imagine. we are at 30 or 40
? his proposed, i don't know. the medicare, medicaid, reform to get the tax cuts. >> bob: there will be form of entitlement of increasing the age of retirement age for social security, or taxing people. there are things in the works here. they won't let it happen at one time. you are doing this to protect people making moment. >> eric: a number came out, if you go ahead and let the bush tax cuts expire you raise eight or nine days of government. >> dana: the failure of the super committee is the reason we're here. they were supposed to get to a deal. they couldn't get to one. president obama and congress kicked it to this year. now we lead up to this moment. last february, john boehner speaker of the house sent a leletter saying this fiscal cliff is bad for the economy. let's work together now. president obama says no than thanks. this killed me. nothing changed since december of 2010. president obama talked about losing in the midterms and said the worst thing we can do is high inemployment and slow economic growth is raise taxes on anybody so support me in extension of
are live at the breaking news desk of that story [ male announcer ] are you considering a new medicare plan? then you may be looking for help in choosg the right plan for your needs. so don't wait. call now. whatever your health coverage needs, unitedhealthcare can help you find the right plan. are you looking for something nice and easy? a medicare advantage plan can give you doctor, hospital and prescription drug coverage all in one plan... for nothing more than what you already pay for part b. you'll also have the flexibility to change doctors from a network of providers dedicated to helping you stay healthy. call now to learn more. unitedhealthcare has the information you need so you'll be better prepared when making medicare decisions. maybe you'd just like help paying for your prescriptions. consider a part d prescription drug plan. it may help reduce the cost of your prescription drugs. remember, open enrollment ends friday, december 7th. call unitedhealthcare to learn about medicare plans that may be right for you. call now. jenna: rating news from the world of sports. a former boxi
from medicare, if they don't get what they want let the country go over the cliff, let the car jump off the cliff. then they will be in a stronger position to negotiate for the tax increases that they want on the other side. this can't be good news for the president who desperately needs to have a deal done so that he does not see the country plunged into fresh recession just as he is sworn into office. megyn: but now there are some who are predicting okay, yes even though this would be calamitous, it wouldn't be that calamitous if we got into january, it happened but only happened for a few weeks. then they struck a deal. the thinking of these democrats, reportedly, chris, the republicans are going to be much more likely to strike a deal if the tax hikes have automatically taken place on january 1, than then can swoop in as saviors who lower tax rates on everybody after they secretly just hiked them? we won't understand what just happened. >> well, there is some of that that the, what the republicans would be able to do thin would be, instead of having to ever vote for a tax increase o
in the summer and say, don't bring in your healthcare reform stuff, don't bring in your medicare, don't bring in social security, focus exclusively on the question of whether or not you will raise taxes in order to offset these automatic cuts. the white house is trying to portray this as a one-for-one deal that they are going to renegotiate what they already negotiated in august. they say if republicans want less spending cuts on the defense side they better be willing to give up on the tax side and have tax increases. i think they are perfectly willing as it stands now to take it off the cliff and let the taxes go into effect, because if the republicans won't give them what they want on a tax rate increase for top earners they think they will get them later once people are outraged that their taxes went up. megyn: but, to not offer any spending cuts, what would be the republican incentive to agree to raising taxes on the wealthy if they don't get anything in return? >> well, the incentive would be from the president's point of view, is that everybody's taxes will go up anyway and once you ge
... [ all ] i'm with scottrade. [ male announcer ] are you on medicare? do you have the coverage you need? open enrollment ends friday, december 7th. so don't wait. now's the time to get on a path that could be right for you... with unitedhealthcare medicare solutions. call today to learn about the kinds of coverage we offer, including aarp medicarecomplete plans insured through unitedhealthcare. these medicare advantage plans can combine parts a and b, your hospital and doctor coverage... with part d prescription drug coverage, and extra benefits... all in one complete plan... for a $0 monthly premium. no more than what you already pay for medicare part b. unitedhealthcare doesn't stop there. we'll cover 100% of your preventive services... like an annual physical and immunizations... and you'll have the flexibility to change doctors within one of the nation's largest networks, dedicated to helping you live a healthier life. other benefits can include vision and hearing coverage -- and the pharmacy saver program gives you access to prescriptions as low as $2... at thousands of pharmacies
the president said in 2010. >> the major driver of the long-term liabilities is medicare, medicaid and healthcare spending. nothing comes close. social security we could probably fix the same way tip o'neil and ronald reagan sat down together and we could figure something out. that is manageable. medicare and medicaid, massive problems down the road. that's where, that is what our children have to worry about. >> dana: here we are, two years later and still no plan. on the left in congress refusing to deal with that simple reality. vermont senator bernie sanders caucuses with the democrats. take a listen. >> i get nervous when i hear the president and others continue to talk about quote/unquote, entitlement reform. which is just another cut for medicaid and medicare and social security. >> eric: brian, start with you, today. >> dana: you look surprised. >> brian: i am. yet honored. >> dana: do you think they are closer to a deal? after thanksgiving people get back to work. >> brian: i was encouraged when i pick up the papered president is working with people. but then i pick up the
. >> paul: and joe, to have the full-blown obamacare, and he's got a deal with the exchanges and medicare and medicaid and the insurance rules as well. >> and the day after thanksgiving, 300 new pages of rules come out on essential benefits, all health plans must cover. >>en your job, joe, to read all-- so, but i'm sorry. >> so we're starting to see the wave of these rules are going to the white house budget office for review, and if you think about it, this law is supposed to be up and running on october 1st, ten months from now, we're really going to see a crush in the meantime. >> paul: what about the economic costs of this, mary? and not just in terms of how much each rule may effect the economy, but is there a larger cost to the economic growth? >> sure, i mean, take dodd-frank talking about, that can affect access to credit for hundreds of millions of americans, and financial innovations and the kinds of products available to buy and businesses that don't know what kind of regulatory costs they're going to face, they'll have to make decisions whether or not to hire more people to in
but what they see the democratic side trying to pull entitlement reforms like medicare off the table. john boehner basically saying he thinks the spending situation is sort of a freight train that is coming at the nation right now. republicans senator mitch mism the leader in the senate -- mitch mcconnell blasted the president of saying he is doing is too much campaigning and not governing. take a listen. >> it is over. he won. congratulations. we have a hard deadline here however. and it is still, he is still out on the campaign trail, kind of celebrating. this is the problem. if the president really wants to reach an dwreechlt he needs to be talking with members of his own party right here in washington trying to broker an agreement, not out there firing up crowds and giving speeches. >> reporter: now the bottom line when you listen to comments like that it is pretty clear both sides are digging in pretty tough. not a lot of progress in these talks. and what is interesting republican senator tom coburn said on fox earlier this morning look, either both sides will come together and solve
announcer ] if you're eligible for medicare... now's a good time to think about your options. are you looking for a plan that really meets your needs? and your budget? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and could save you in out-of-pocket medical costs every year. call today to request a free decision guide. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. if you're thinking about your options, call today. when you call, request your free decision guide. and find the aarp medicare supplement plan that may be right for you. gregg: efforts to bring to an end the violence between hamas militants and israel ... secretary of state hillary clinton is in egypt. earlier she met with pale
coverage needs, unitedhealthcare can help you find the right plan. open enrollment to choose your medicare coverage begins october 15th and ends december 7th. so now is the best time to review your options and enroll in a plan. medicare has two main parts, parts a and b, to help cover a lot of your expenses, like hospital care... and doctor visits. but they still won't cover all of your costs. now's the time to learn about unitedhealthcare plans that may be right for you. are you looking for something nice and easy? like a single plan that combines medicare parts a & b with prescription drug coverage? a medicare advantage plan can give you doctor, hospital and prescription drug coverage all in one plan... for nothing more than what you already pay for part b. you'll also have the flexibility to change doctors from a network of providers dedicated to helping you stay healthy. plus with the pharmacy saver program, you can get prescriptions for as low as $2 at thousands of pharmacies in retail locations like these, all across the country. call now to learn more. unitedhealthcare has the infor
find the right plan. open enrollment to choose your medicare coverage begins october 15th and ends december 7th. so now is the best time to review your options and enroll in a plan. medicare has two main parts, parts a and b, to help cover a lot of your expenses, like hospital care... and doctor visits. but they still won't cover all of your costs. now's the time to learn about unitedhealthcare plans that may be right for you. are you looking for something nice and easy? like a single plan that combines medicare parts a & b with prescription drug coverage? a medicare advantage plan can give you doctor, hospital and prescription drug coverage all in one plan... for nothing more than what you already pay for part b. you'll also have the flexibility to change doctors from a network of providers dedicated to helping you stay healthy. plus with the pharmacy saver program, you can get prescriptions for as low as $2 at thousands of pharmacies in retail locations like these, all across the country. call now to learn more. unitedhealthcare has the information you need so you'll be better pr
are going to go bankrupt so we need to reform welfare, we need to reform medicare, medicaid, we need to cut spending. and that's why we should start. >> mark, i know that democrats would love to start with the pentagon as far as cutting spending, but what about entitlement reform? do the democrats need to be willing to sit down at the table and talk about some of their sacred cows? >> yeah, democrats are going to have to cut things that are uncomfortable for democrats to cut just like republicans will. >> rick: like what? >> as you mentioned, well, let me first take issue with something that angela said, education, i don't know whether she characterizes that as entitlement. >> no, i don't, okay, well, good, good. >> energy is not entitlement either. >> no, okay. >> and my sister is a teacher as well. >> so we need, okay, we're on board with that then, but i think that, look, you have the pentagon and military spending in this country, in this country is greater than or equal to all other countries in the industrialized world combined and you know, we're giving. >> rick: i know, i know, we k
is not raising taxes or medicare or social security n. 30 years, medicare and medicaid alone will consume all the revenue coming in taxes. these are unsustainable entitlement programs. they have to be reformed to save the program and to keep the country from going into a greek-reich status. there are $8.6 trillion of unfunded like the in social security. to make it solvent the next 75 years, you valid to put $8 trillion in the bank today. for medicare, it's three times that, so if you don't reform entitlements, you will never avoid the coming grief. post-election, democrats have the wind behind their back, the president does on this. is there any appetite for this or is it going to be a bloodbath? >> a lot of democrats understand that medicare -- social security runs out of money in 2033. medicare runs out of money in 2024. so these programs literally go bankrupt. if you want to save them, you have to restructure them. younger people need to work longer. me and you, we make enough money to pay more into the system without losing our quality of life. age adjustment and means testing will help
for medicare. >> there will be gaps in coverage. >> another chairman max baucus told the newspaper in his home state the wish list for the debt talk includes more money. tax credit for wind farms in montana, protecting rural hospitals and ending the estate tax. others are going further urging the president to allow the nation to dive off the cliff with the automatic touch to pentagon -- cuts to pentagon ib stead of to domestic programs. >> on the question of leadership, the white house aides say the past weekend, the president called both senator reid and speaker boehner to get things going. there is a talk of a immediating at the white house later this week. >> ed henry live on the north lawn. thank you. stocks were mixed. the dow lost 42. nasdaq gained ten. they are still trying to find a deal for bail-out money for greece. they failed to reach an agreement twice in two weeks. mary schapiro is leaving next month. she will be replaced by the sikh commission member elite walter. you may want to let go of your mouse and pay attention the next story. you and your fellow americans are expected to
look at the spending curves of social security and medicare and medicaid and see that they are going towards bankruptcy. social security for example right now congress has for so long been stealing money from the social security fund. we are years away from that flipping so that your taxes to pay social security. >> let me jump in. i understand that argument as well in terms of having the entitlement programs basically bankrupt the system. not saying the gop wants to cut it across the board they want to limit it. talk to the people, though, we start to hear social security going out the window and some of the entitlement programs going by the wayside. makes people nervous. talk to people in terms of understanding not really a way to try to panic but certainly a p compromise. >> i would argue it is time to panic. they need to do something drastic. every moment you wait to do something it will be harder to do something when it comes time to do something. politicians are scared of their own shadows very often which is why we are in the problem we are in. that's why they have to address
's no surprise millions have chosen an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they help cover some of the expenses medicare doesn't pay. and save you up to thousands in out-of-pocket costs. to find out more, request your free decision guide. call or go online today. after all, when you're going the distance, it's nice to have the experience and commitment to go along with you. keep dreaming. keep doing. go long. >> all of the things that have-- they have lied about things gone on in this administration, they have never called a male unqualified, not right, not trustworthy. i don't recall it ever happening. they didn't even say that about general petraeus who they're all up in arms about. so, there's a clear, in my opinion, a clear sexism and racism that goes with these comments that are being made by, unfortunately, senator mccain and others. >> now that john mccain sunk his teeth in he's made it about presidential authority and frankly there's a witch hunt going on on the right abou
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" editorial who wrote "the actual liabilities of the federal government including social security, medicare and federal employees future retirement benefit exceed $86 trillion." the second ranking senate democrat is for addressing entitlements but not now. >> medicare and medicaid insure one-third of all americans. they represent about 20% of our budget. and they are a real challenge to us. because untouched unamended medicare will run out of money in 12 years. that is scary. >> though as the negotiations continue, durbin does suggest that obamacare is on the table. >> the only perfect law i know was carried down mountain on a stone tablet by senator moses. everyone else has define their very best to write a good law and realizes oaf time changes have to be made. i'm open to whatever, you know, elements we need to reconsider there. but i think we have the right starting point. >> much of the anxiety in washington seems to be over not knowing the details of the president and speaker boehner's negotiations. lawmakers on both sides suggest it could be a good thing. they are talking to each oth
, with the promise of cuts to programs like medicare later. on tuesday, senator dick durbin flatly declared entitlement reform should not be on the table. yesterday, top white house officials also met with leading liberal groups, from labor unions to moveon.org. with one attendee telling the "washington post" they expect the taxes to go up on the wealthy and to protect medicare and medicaid benefits. they feel confident they don't have to compromise. pressed today on whether the spending cuts are kicked down the road, white house spokesman jay carney was noncommittal. >> you are not having any spending cuts now. you want to do spending cuts next year; is that a fact? >> no. it's not a fact. these are all parts of aspects of the conversations that are ongoing. >> some republicans are pushing boehner an other leaders to accept an extension of the middle class cuts to avoid the white house blaming them for crash over taxes on the rich. >> everybody is waiting for schedule to go up. unless we fix that paradoxically. president obama becomes defender of the bush tax cuts for 98% of the people. he
it would seem. nobody wants their medicare or social security benefits cut, and those are the huge drivers of national debt. >> don't forget that barack obama during the so-called grand bargain talks of a year and a half ago put entitlement spending, entitlement cuts on the map. he basically said, look, democrats will talk about raising the age for medicare, for example, social security, you know, all these issues. the problem is, you know, as monica just pointed out, when you have a senator like saxby chambliss not necessarily saying i'm going to raise taxes, but saying i'm not going to be held enthralled to grover norquist or some pledge i signed, i'm going to at least consider it. then you hear from the primary, oh, no, you're getting a primary, you're out of there. how do you compromise from somebody who raises his head and says i'm not going to necessarily do it, i'm just going to talk about it, and all of a sudden you're outta here? >> because, look, both parties have to stand for something. if you flush down the toilet your core principle about not raising taxes on the american peop
and not touch medicare or medicaid? it is all part of the deal. >> gretchen: once you get people back to the table. it is it like a marriage, marriages don't work when one party said i will not budge on anything. >> brian: i hope my wife is listening. >> steve: we are in the let's make a deal stage. both sides want to appear flexibility when it comes to doing something. we aapparently the president of the united states. the week after thanksgiving nothing is scheduled. but we understand that the top aides are working together to do something. who is leading the charge for the white house? tim geithner. it is interesting, in the beginning, during the confirmation it was revealed he did not file taxes properly and people say is he qualified to be the treasury of the secretary. according to the wall street journal. they work with him and like him. and jack lu who did it last time blew it. >> gretchen: why not have bowles-simpson come back. why do we spend more time. rephrase that. why are we wasting more time trying to come together on a deal when the bowles-simpson. >> brian: they didn'
and over for generations. so it's no surprise millions have chosen an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they help cover some of the expenses medicare doesn't pay. and save you up to thousands in out-of-pocket costs. to find out more, request your free decision guide. call or go online today. after all, when you're going the distance, it's nice to have the experience and commitment to go along with you. keep dreaming. keep doing. go long. gregg: ambassador susan rice now breaking her silence and defending her controversial comments on the benghazi terror attacks. republicans claim susan rice either wittingly or unwittingly misled americans days after the raid when she claimed the assault grew out of a spontaneous protest related to a youtube video. well, stephen hayes joins us now to talk about it, senior writer at the weekly standard and a fox news contributor. steve, happy black friday to you. [laughter] >> morning, gregg. gregg: hey, listen, rice claims she relayed solely and squarely
: senator graham says age adjustment and means testing for medicare and social security is a reasonable thing. but illinois democratic senator dick durbin doesn't want to touch social security. he thinks the new revenue should come from an increase on the tax rates of top earners, which is currently 35%. >> let the rates go up to 39. let us also take a look at the deductions. let's make sure that revenue is an integral part of deficit reduction. from my side of the table, bring entitlement reform into the conversation. social security, set aside, doesn't add to the deficit. when it comes to medicare and medicaid, protect the integrity of the program, but give it solvency for more and more years. >> reporter: a source with engine of knowledge -- with knowledge of the negotiation says there is no date set in stone for the next meeting among the principle negotiate othe timing will depend on the progress of staff member, in the next few days. but we should not be surprised if they get together, sthiem week. shannon. >> shannon: we wish them much luck. thank you. our worst-case scenario, th
up 800 billion in new revenue and overhaul the tax system and changes to medicare and that's why the republicans are asking the democrats to come in and explain your deal. this plan was hatched in 2010 and everyone walked away from it and now they call bowles back up? it is late. this is what the american people are upset about. nothing gets done. >> steve: we are a month from the cliff. >> gretchen: we could have avoided the cliff if they used the plan as a starting point. americans are upset nothing gets done. >> brian: norquist is the bad guy. you should walk away from grover norquest. he said you have enough money on capitol hill and stop asking us . he's been a watch dog on our money so whether you are democrat or republican you should salute him. he warned you in the past that people who walked away from the no new taxes paid a price. >> remember the gang of 6. three of the people that you mentioned spent eight months in the room with democrats, pretending to negotiate tax increases for entitlement reform . after a while coburn had to admit they were offered nothing but tax
. exclusively at verizon. [ male announcer ] it's that time of year again. medicare open enrollment. time to compare plans and costs. you don't have to make changes. but it never hurts to see if you can find better coverage, save money, or both. and check out the preventive benefits you get after the health care law. ♪ open enrollment ends dember 7th. so now's the time. visit care.gov or call 1-800-medicare. [ male announcer ] this holiday, give your family the greatest gift of all -- peace of mind. with the adt after thanksgiving sale. get adt home security and home management starting at just $99. that's a savings of $300. plus 15% off accessories. call now or visit adtpulse.com/tv. sale ends midnight november 27th. more than a security system, adt can help you turn on a few lights. bring family in from the cold. even let you know when an old friend has arrived. get the advanced technology of adt and save $300. starting at $99 installed. pulse save on accessories. call now or visit adtpulse.com/tv. sale ends midnight november 27th. >> all of the things that have-- they have lied abou
medicare, precious medicaid, precious social security, and precious defense, those people are phony. >>neil: they are afraid. they will take their money off the table. they are afraid. >> business is not a good environment. there is no reason for any businessman to want to grow its business, advance its business, hire more people, create more problems. >> only 3 percent of small business will be hit. but that is 50 percent of the profits that generate the jobs. small businesses are fretting because they have not had adequate representation in this discussion. everyone is in washington but where is the small business representation? where is their voice at table? where is their taxation and representation? where is it? >>neil: that is where we stand in the middle of a pile of green we don't have that we will have less of and if we don't do something by december 31 we will have uncertainty killing the economy. >> i have asked 9 -- 2,000 business owners how many of you have jobs but are not expanding because of the uncertainty? every hand goes up each time. >> people are sitting on the side li
for something nice and easy? a medicare advantage plan can give you doctor, hospital and prescription drug coverage all in one plan... for nothing more than what you already pay for part b. you'll also have the flexibility to change doctors from a network of providers dedicated to helping you stay healthy. call now to learn more. unitedhealthcare has the information you need so you'll be better prepared when making medicare decisions. maybe you'd just like help paying for your prescriptions. consider a part d prescription drug plan. it may help reduce the cost of your prescription drugs. remember, open enrollment ends friday, december 7th. call unitedhealthcare to learn about medicare plans that may be right for you. >> chris: for all of you who survived black friday, here's something new to worry about. christmas is one month from today. a week after that, if nothing gets done here in washington, we all go over the fiscal cliff. what does that mean for shoppers and investors in the final days of 2012? we turn to matthew shay, president and c.e.o. of the national retail federatn and from n
if democrats agree to reform entitlements like social security and medicare. >> i don't expect the democrats to go for premium ouci do expect them to adjust these entitlement programs before they bankrupt the company. some entilement reform is okay with illinois democratic senator dig durbin, but thinks that social security should be left alone. >> social security does not add one penny to our debt. not a penny. it's a separate funded operation and we can do things and i believe we should, smaller things played out long-term that give it solvency. >> and congressman peter king says nobody will get all they want, but if president reagan and speaker o'neill could get a deal, president obama and speaker boehner should as well. >> harris: let's hope that's true. thank you. right now, a child missing, city on edge and volunteers going door-to-door to try to find young dylan. also, no longer a mysteries, but an official cause. we now know why a strip club blew up and more than 40 buildings and homes including a day care center were heavily damaged. debris for blocks. and we'll check with the firef
a day men's 50+. a new way to save on your prescriptions. it's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get copays as low as a dollar through a preferred network pharmacy like walgreens -- where you'll find 8,000 convenient locations. best of all, this plan has the lowest part d premium in the united states -- only $15 a month. open enrollment ends december 7th. so call today or visit your local walgreens. >> all of this beautiful architecture you are seeing 70 percent of what's out there. if the trees weren't there you would see 1,000 structures over a mile out there completely buried in the jungle. >> are there more histories of the mayan waiting to be discovered out there in the jungle? >> we have architectural excellence and high glif fics in here. they like to go back into the past and talk about the actions of the gods. >> we are looking at a different culture than ours doing things a different way. amongst the prime objective a connection between earth and heaven which is done through the medium of architecture and very precise astronomic
to social security and medicare. any common ground? >> shep, in public, it does not sound like it. top republican leaders say if you want to avoid the fiscal cliff, you need to address the drivers of our debt. >> we know that the only way we can solve our long-term debt and deficit problem is to fix the unsustainable growth rates of our very popular entitlement programs. the president has from time to time indicated an openness to that. now is the time to actually do it. >> 42 business groups sent a letter to leaders of congress asking them to do tax reform to lower tax rates and also address entitlement reforms. >> shepard: democrats say they want more revenue, more taxes here. what about entitlement changes? >> well, any time you start talking about tweaking these programs, there are groups in washington around the country that mobilize to try and stop cuts. the number two senate democrat, dick durbin, says he'd be open to look at entitlements, but not part of the fiscal cliff talks. here is the senate majority leader's view. >> at the meeting we had that i mentioned with president a
house to cut spending or maybe tackle big costly entitlement problems for medicare and medicaid and social security. is there time fov the big fix in place before we reach the fiscal cliff before the end of the year. >>> thank you doug. time for a look at what is talking. another big talker this morning the growing situation in egypt. following a cease fire between israel and gaza president mohammed moresy is granting himself sweeping power causing a major firestorm. >> that move sparking four-days of violent protests in cairo and across the country. however supporters say the increased powers he granted himself are only temporary. opponents believe this is simply a wider part in order to instill islamic or shirea law in egypt. that they think is the overall object i have. >> white house smokes man jay carney talked about whether our president has been in contact with morsi since this power grab move? >> we have been and continue to be engaged substantially with ee gicht as the process continues. when there are reasons to raise concerns we raise them. >> (inaudible question n. (
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